SNOWDROP LODGE, LYE LANE, CLEEVE HILL, CHELTENHAM, GL52 3QD - £620,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

SNOWDROP LODGE is a midsized extended detached house of 168m², built sometime between 1950 and 1966. It was last sold for £620,000 in November 2013, which was around 95% above the average November 2013 detached price in the Tewkesbury local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was C.

SNOWDROP LODGE Sold Prices

Land registry data shows two sales for SNOWDROP LODGE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Tewkesbury local authority area for the corresponding sale date. Both of the two SNOWDROP LODGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2013 22 NOV	£620,000	£317,509	95% above HPI
2010 26 FEB	£562,500	£281,987	99% above HPI

SNOWDROP LODGE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Tewkesbury local authority area over time, sourced from the HPI. The two SNOWDROP LODGE sales from February 2010 and November 2013 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the February 2010 sale was for 99% above the HPI. So the extrapolation line tracks at 99% above the HPI over time, until the November 2013 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

How Large is SNOWDROP LODGE?

SNOWDROP LODGE is 168m², which includes three extensions, according to the EPC inspection conducted in April 2013. This puts it in the largest 50% of detached houses in Southam, based on EPC data. The below chart shows the distribution of detached houses by size in Southam, and where SNOWDROP LODGE lies on this distribution: 57% of detached houses are smaller than SNOWDROP LODGE, and 43% of houses are larger. Note that EPC data is not available for all properties in Southam.

SNOWDROP LODGE: Plot and Title Map

SNOWDROP LODGE sits on a plot of roughly 0.786 of an acre, or 3,179m². The below map shows the location of SNOWDROP LODGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of SNOWDROP LODGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is SNOWDROP LODGE?

SNOWDROP LODGE is located on LYE LANE in CLEEVE HILL, in the GL52 postcode district. The below map shows the position of SNOWDROP LODGE on LYE LANE.